Hankin Michael David 4
Research Summary
AI-generated summary
Stanley Black & Decker Director Michael D. Hankin Receives Award
What Happened
- Michael D. Hankin, a director of Stanley Black & Decker (SWK), was credited with three equity acquisitions on June 23, 2026 totaling 651.075 shares at an average price of $84.57 per share, with an aggregate reported value of $55,062.
- 146.016 shares acquired at $84.57 — $12,349
- 369.516 shares (reported as derivative) at $84.57 — $31,250
- 135.543 shares (reported as derivative) at $84.57 — $11,463
- These were awards and deferred-share credits (not open‑market purchases or sales).
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (reporting period 6/23/2026).
- Price per share reported: $84.57; total value reported: $55,062.
- The filing lists two of the items as derivative acquisitions (the 369.516 and 135.543 share lots).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes explain these credits arose from director compensation and dividend-equivalent credits:
- F1: Dividend equivalents credited to RSU Deferral Plan (settled per deferral election).
- F2: Deferred shares from deferral of quarterly director cash fees (settle in lump sum after leaving the board, unless other deferral election applies).
- F3: Additional deferred shares from reinvested dividends on deferred shares.
- No sale or purchase code (S/P) — this is a non‑cash award/acquisition (code A).
Context
- These entries reflect routine director compensation and dividend reinvestment/deferral activity rather than a discretionary open‑market buy or sale. Derivative-designated entries represent credited deferred/share-based items that will be settled according to the applicable deferral plan terms.